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ECB Governing Council member Kazaks: inf must not be allowed to take root.

2026-08-28

ECB Governing Council member Kazaks: inf must not be allowed to take root.

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2026-08-28

From data centers to hydroelectric power plants, battery giant CATL is betting on potential future growth engines following the electric vehicle (EV) boom. According to analysts, since June of last year, at least seven equity investment deals led by

From data centers to hydroelectric power plants, battery giant CATL is betting on potential future growth engines following the electric vehicle (EV) boom. According to analysts, since June of last year, at least seven equity investment deals led by CATL involving non-battery industries have been finalized, totaling over 17 billion yuan (approximately US$2.5 billion). These investments cover areas including humanoid robots, state-owned hydroelectric power plants, artificial intelligence data centers (AIDCs), and DeepSeek, a developer of large language models. Yang Jing, Director of Corporate Ratings for Asia Pacific at Fitch Ratings, stated, “As an industry leader, maintaining market share and profit margins requires identifying new high-growth frontiers as early as possible and seizing a first-mover advantage. AIDC (Autonomous Energy Distributed) possesses characteristics of high growth and high barriers to entry, thus it is expected to become the ‘third growth curve’ after electric vehicles and energy storage systems. If the demand for energy storage related to AIDC grows as rapidly as expected, CATL’s investments around AIDC will help it further consolidate its market dominance in the post-electric vehicle era.” Regarding investments in hydropower stations, Lucas Zhang, Director of WaterRock Energy Economics, a Hong Kong-based consulting firm, stated that these projects can provide CATL with lower-priced green electricity, helping the company reduce its carbon footprint to meet EU regulations and its own decarbonization goals. CATL may also become more deeply involved in the construction of industrial parks aiming for zero carbon emissions in the future, as battery energy storage systems are an important component of such projects.
2026-08-28

On Thursday evening local time, Rezaei, Secretary of Iran's Supreme National Security Council, stated in an exclusive interview with Al-Manar TV that Iran and Oman have agreed to open a temporary shipping corridor in the Strait of Hormuz for vessels

On Thursday evening local time, Rezaei, Secretary of Iran's Supreme National Security Council, stated in an exclusive interview with Al-Manar TV that Iran and Oman have agreed to open a temporary shipping corridor in the Strait of Hormuz for vessels to pass through. Iran has prepared a list of conditions to submit to the United States. Currently, Iran is temporarily allowing vessels to pass through a temporary, limited shipping corridor in the middle of the strait, and future maritime traffic will depend on the progress of the understanding between Iran and Washington. A reporter from Pakistan's Express News wrote that this could help clear a major obstacle hindering the conclusion of the Islamabad Memorandum of Understanding (MoU). "I have always believed that the agreement between Iran and Oman on the Strait of Hormuz could provide a potential opportunity for all parties to break the deadlock," the reporter wrote. "This development comes after a week of intensive diplomatic activity in Tehran, during which Tehran hosted high-level delegations from Pakistan, Oman, and Qatar."
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